While macroeconomic conditions have improved over the last several months, many businesses are still taking a cautious approach to spending. However, for many organizations, this is not an option when it comes to technology investments that underpin digital transformation efforts and increasingly serve as competitive differentiators.
To learn more about these trends, download the free infographic, 2024 Technology Spending Intentions Survey.
While macroeconomic conditions have improved over the last several months, many businesses are still taking a cautious approach to spending. However, for many organizations, this is not an option when it comes to technology investments that underpin digital transformation efforts and increasingly serve as competitive differentiators. With this in mind, TechTarget’s Enterprise Strategy Group surveyed 938 senior IT and business decision-makers to ascertain IT budget outlooks for 2024, both overall and for specific technologies, and to determine the key business and technology priorities driving these spending plans. Survey respondents were employed at midmarket (100 to 999 employees) and enterprise-class (1,000 employees or more) organizations in North America, EMEA, APAC, and Latin America. All respondents were personally responsible for or familiar with their organization’s 2023 IT spending, as well as their 2024 IT budget and spending plans at either an entire organization level or a business unit/division/branch level.
Although consistent innovation in IT infrastructure technologies innately increases the velocity of commerce, transactions, and other market activities, IT teams are still continuously pressured to increase the speed of infrastructure and application deployments. In turn, this burden helps IT leaders justify substantial modernization across their entire ecosystems. Recent research by TechTarget’s Enterprise Strategy Group revealed some interesting findings when it comes to how the most agile organizations strategize infrastructure modernization compared with their less agile peers.
Public cloud infrastructure services continue to serve as a beacon for skills- and resource-strapped organizations that need to keep pace with the blinding speed of modern business. Whether they need improved time to value, scalability, security, or access to innovation, organizations have instituted public cloud services as a clear standard for today’s IT. However, as evidenced by recent research from TechTarget’s Enterprise Strategy Group, those past cloud experiences and strategies are becoming guideposts to building out the promise of on-premises and hybrid environments that efficiently meet the needs of today’s businesses.
As organizations of all sizes continue their digital transformation journeys to better compete and gain efficiencies, they increasingly integrate open source software into their modernized environments. Recent research by TechTarget’s Enterprise Strategy Group revealed some interesting findings when it comes to organizations’ current preferences for free open source software versus paid-for open source software.
Organizations across industries continue to utilize the benefits of multiple public cloud providers to ensure the appropriate levels of efficiency, agility, and security for their multitudes of applications and workloads. Aside from sprawling platform capabilities and vendor contracts to understand and manage, this use of multiple clouds brings with it the threat of unchecked costs, potentially negating cloud benefits in other areas. Recent research by TechTarget’s Enterprise Strategy Group revealed that financial operations (FinOps) is increasingly the focus for organizations looking to rein in and optimize their cloud spending.
This Complete Survey Results presentation focuses on 2024 IT budget expectations, technology initiatives and priorities, year-over-year spending changes (overall and by different technologies), cloud usage trends, and how digital transformation initiatives intersect with these considerations.
This Complete Survey Results presentation focuses on understanding the current and future landscape of enterprise storage and HCI environments, including storage capacity, data growth, adoption of on- and off-premises storage technologies, file and block storage challenges, flash storage trends, persistent storage trends, investment and spending strategies, vendor evaluation, AI-led decision-making, and HCI deployment trends.
As hybrid models take hold in today’s evolving IT ecosystems, the stakeholders behind infrastructure and application deployments continue to expand beyond IT operations. Collaboration across a range of groups, including senior IT management, business lines, and other IT teams, is essential.
To learn more about these trends, download the free infographic, Distributed Cloud Series: Understanding Buyer and Influencer Personas.
As hybrid models take hold in today’s evolving IT ecosystems, the stakeholders behind infrastructure and application deployments continue to expand beyond IT operations. Senior IT management increasingly has extensive responsibilities to ensure that complex, multidisciplinary strategies are carried out in optimal form, without barriers that can slow business velocity. These responsibilities trickle down to a wide range of teams, from cloud and cybersecurity to platform engineering and risk/compliance. Collaboration is essential, even in the face of persistent barriers that prevent teams from working hand in hand with others within the organization.
To examine persona behavior and trends within distributed cloud environments, Enterprise Strategy Group surveyed 368 IT professionals in North America (US and Canada) involved with technology purchases and processes used in on-premises, cloud (private, hybrid, and multi), and edge environments.
TechTarget and Enterprise Strategy Group ran a global survey examining where buyers source information throughout their purchase journey. New this year! Buyer perceptions on AI-generated content.
This report focuses on responses from 600+ global technology buyers in across IT management and senior business roles.
Organizations are excited by the promise of AI, but they frequently find themselves lacking the in-house expertise and resources needed to fully harness AI’s potential. Recent research by TechTarget’s Enterprise Strategy Group revealed some interesting findings when it comes to what these organizations expect from AI vendors and the broader AI partner ecosystem.